Co-operative housing societies (CHS) help to ensure smooth day-to-day functioning of the society along with initiating any redevelopment process as per the norms of the authority. The Maharashtra Cooperative Society Act 1960 (MCS Act) governs these societies in the state.
Under the Act, a housing society is free to adopt its own set of laws that govern its members, called byelaws, but there are certain things that remain constant and you should be aware of. We've listed them below.
Who is a member?
Any person joining the cooperative society as per the bye-laws and by submitting an application for registration is known as a member once accepted. There are two types of members in a cooperative housing society, namely -
Active member: An active member is the one who has purchased and owns a Flat / Unit in the Society. He/She attends at least one General Body Meeting and has paid the society charges in the previous five consecutive years.
Associate member: An associate member jointly holds a share of the society with others, but whose name is not first in the share certificate. He/she can vote and participate in elections but cannot become an office-bearer of the society where his name appears as an associate member in the society register.
Nominal member: A Nominal Member means a person who does not hold the right, title and interest in the property individually or jointly admitted to Membership as such after registration.
Eligibility for membership
Read about the rights and liabilities of a member here